Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar - 2023
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (CIF) - 2022
The average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) stood at $4,062 per ton in 2022, waning by -3% against the previous year. Over the period under review, the import price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 75% against the previous year. The import price peaked at $4,188 per ton in 2021, and then fell modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($34,933 per ton), while the price for Kuwait ($2,250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (FOB) - 2022
In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $1,433 per ton, which is down by -15.8% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 an increase of 162% against the previous year. As a result, the export price reached the peak level of $4,437 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,403 per ton), while the average price for exports to the United Arab Emirates totaled $1,218 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+91.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar
In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) imported into Qatar skyrocketed to 3K tons, with an increase of 46% compared with 2021. Overall, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $12M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 2,549 | 1,320 | 1,744 | 3,739 | 13.6% |
| Singapore | 211 | 460 | 892 | 1,466 | 90.8% |
| India | 846 | 648 | 859 | 1,394 | 18.1% |
| Canada | 372 | 244 | 428 | 770 | 27.4% |
| China | 636 | 457 | 464 | 761 | 6.2% |
| Oman | 397 | 62.6 | 57.3 | 377 | -1.7% |
| Japan | 369 | 61.7 | 473 | 315 | -5.1% |
| Turkey | 2,088 | 1,315 | 537 | 257 | -50.3% |
| South Korea | 22.5 | 20.7 | 87.8 | 113 | 71.3% |
| Jordan | 190 | N/A | 218 | 41.1 | -40.0% |
| Others | 2,856 | 3,121 | 2,820 | 2,949 | 1.1% |
| Total | 10,536 | 7,710 | 8,579 | 12,182 | 5.0% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Qatar in 2022:
- Kuwait (1661.4 tons)
- China (309.0 tons)
- India (271.4 tons)
- Oman (103.8 tons)
- Japan (97.4 tons)
- Singapore (87.6 tons)
- Turkey (86.5 tons)
- Canada (74.1 tons)
- South Korea (35.0 tons)
- Jordan (24.5 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar
In 2022, overseas shipments of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) were finally on the rise to reach 839 tons after two years of decline. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) skyrocketed to $1.2M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 1,038 | 0% |
| United Arab Emirates | N/A | N/A | 33.0 | 112 | 239.4% |
| Germany | 381 | N/A | 30.5 | N/A | -71.7% |
| Oman | 131 | 125 | 53.6 | N/A | -36.0% |
| Others | 129 | N/A | 14.1 | 52.0 | -26.1% |
| Total | 640 | 125 | 131 | 1,202 | 23.4% |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Qatar in 2022:
- Saudi Arabia (739.9 tons)
- United Arab Emirates (92.2 tons)
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